Gummie might crack this one soon but I thought I might put it out here now in case you all would like to see it. Peter Schiff is talking about his 5 favorite for the next 5 years and supposedly, they all have nice yields. You can get the pitch here:
Company #1 is probably Enerplus (ERF), which recently closed near C$18, as the tease says, and it has a market cap of C$2.8 Billion, again in the teaser. I would agree it's the best bet of the Canadian energy trusts. Frankly, the other four companies teased don't interest me enough to figure them out.
ST, I should have realized it was Crescent Point (CPGCF), which I actually own. But Enerplus fits, too. And Skyworth Digital is barely even a penny stock, at .07. I'm not jumping to buy these.
#2. is the teaser I was trying to remember in the bargain thread. I'm pretty sure my teaser didn't mention big losses on derivative hedging and I definitely would have remembered buying bankrupt hotels in India.
Now apparently the pipeline/utility business is going rather well. I'm sure they got a good price on those hotels since they bought them out of bankruptcy. But on the other hand they went bankrupt. Would it be so wrong to stick to a business that is working? Astute bargain hunters or sick puppies?